A New York sales tax audit can result in more than an assessment of additional tax. The New York State Department of Taxation and Finance may also impose penalties and interest, sometimes adding a substantial amount to the total liability. For…
A New York sales tax audit can end with an assessment substantially larger than a business owner expected. The auditor may claim that your business underreported taxable sales, improperly treated transactions as exempt, failed to collect sales tax, maintained inadequate…
Receiving notice of a New York State sales tax audit does not mean that you are under criminal investigation. Most New York sales tax audits are civil examinations. The New York State Department of Taxation and Finance audits businesses to determine whether…